HomeBusinessEnergySaudi Arabia's Stance On Crude Oil Volatility
Saudi Arabia's Stance On Crude Oil Volatility

What are the catalysts driving the crude oil price today? Saudi Arabia's energy minister says that recent volatility may push OPEC+ to curb production. "OPEC+ is currently supporting the oil price level. The worst situation for Saudi Arabia would be a dramatic fall in prices as it would affect their economy," says Kurt Nelson. Nelson also weighs in on the natural gas price hitting a 14-year high this week.

Futures

23 Aug 2022

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